Shakybarnes

Which Inflation Is It Anyway?

"The record of the Fed & the Treasury & the Congress is clear: One (1) 1913 dollar is worth $22.10 2008 dollar."

And that matters why? Did you bury a box full of 1913 currency in your back yard?

Now There's An Ethanol Glut?! I Thought We Couldn't Make Enough

I'm not sure if Ethanol is ultimately good or bad, but this article quotes some pretty infantile thinking, such as Bob Dinneen's comment. Yes there is a glut, and Ethanol is spotting below cost because a) a lot is being produced, but b) it cannot be distributed fast enough, as distribution relies on trucks and trains instead of the big pipelines that can transport gasoline, and c) very few gas stations are capable of carrying E85. So you see, it's kind of like the "last mile bottleneck".

Why would an independent gas station owner spend $200,000 to upgrade the pumps and plumbing to handle E85? Are they ever going to recoup that investment? I dunno, but that might be one very good reason few stations supply E85.